Gold price edges higher by Rs100 in Pakistan

MG News | February 22, 2024 at 01:13 PM GMT+05:00

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February 22, 2024 (MLN): The domestic bullion market saw another slight increase, with the price of 24-karat gold increasing by Rs100 per tola to reach Rs215,300 per tola on Thursday.

The Karachi Sarafa Association reported that the price of 10-gram 24-karat gold was at Rs184,585, reflecting a gain of Rs85 compared to the previous session.

While the price of 10-gram 22-karat gold increased to Rs169,203.

Silver prices remained unchanged today, with 24-karat silver being sold at Rs2,570 per tola while 10-gram silver being traded at Rs2,203.36.

On the global front, international spot gold climbed above $2,034 per ounce, a gain of 0.4% DoD.

Yesterday's Fed minutes signalled most US officials are in no rush to cut rates.

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Name	Price/Vol	%Chg/NChg
KSE100	170,478.94 174.95M	-0.41% -696.57
ALLSHR	102,885.54 725.60M	-0.29% -297.60
KSE30	50,877.61 79.52M	-0.67% -344.88
KMI30	243,917.86 73.26M	-0.62% -1524.88
KMIALLSHR	66,743.35 311.96M	-0.35% -234.16
BKTi	46,317.47 21.24M	-0.81% -377.00
OGTi	35,218.63 5.39M	-1.33% -473.03

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	61,100.00	62,405.00 59,600.00	585.00 0.97%
BRENT CRUDE	92.78	95.90 92.67	-2.25 -2.37%
RICHARDS BAY COAL MONTHLY	122.00	122.00 121.00	-0.75 -0.61%
ROTTERDAM COAL MONTHLY	134.35	138.25 134.00	0.30 0.22%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	90.25	93.63 89.68	-2.79 -3.00%
SUGAR #11 WORLD	14.12	14.50 14.09	-0.15 -1.05%